If you dont take the discount how much interest are you, Financial Management

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If you dont take the discount how much interest are you

1. You place an order for 1,200 units of Good X at a unit price of $49. The supplier offers terms of 1/15, net 50.

If you don’t take the discount, how much interest are you paying implicitly? (dollars not percent)

2. Two Doors Down, Inc., has weekly credit sales of $39,000, and the average collection period is 38 days.

What is the company's average accounts receivable figure?

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Financial Management: If you dont take the discount how much interest are you

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